Federal Trade Commission

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Definition

Proper noun An independent agency of the United States federal government. Its primary missions are to maintain fair and free competition in the marketplace, enforce federal antitrust and consumer protection laws, and educate the public about issues such as identity theft and fraudulent business practices.

Usage

The term "Federal Trade Commission" is used as the official name of the agency. It is typically preceded by the definite article "the." * The Federal Trade Commission investigates deceptive advertising. * Companies must comply with rules established by the Federal Trade Commission. * You can report a scam to the Federal Trade Commission.

Examples
  • The Federal Trade Commission filed a lawsuit against the company for monopolistic practices.
  • A primary role of the Federal Trade Commission is to protect consumers from unfair business tactics.
  • For guidance on online privacy, visit the Federal Trade Commission website.
Advanced Usage
  • Initialism: The agency is very commonly referred to by its initialism, FTC.
    • The FTC issued a new guideline for social media influencers.
  • As a regulatory body: The term is used to represent the authority and regulatory power of the agency itself.
    • The merger was approved by the Federal Trade Commission.
Variants and Related Words
  • FTC: The standard initialism for the Federal Trade Commission.
  • Antitrust: Relating to legislation or regulation intended to prevent unfair business monopolies and promote competition, a key area of FTC enforcement.
  • Consumer protection: The practice of safeguarding buyers of goods and services against unfair practices, a core mission of the FTC.
Synonyms
  • Regulatory agency (general term)
  • Competition authority (general term, focusing on the antitrust mission)
  • Consumer watchdog (informal term focusing on the consumer protection role)
Related Idioms and Phrases
  • To come under FTC scrutiny/investigation: To be examined or investigated by the FTC.
    • The tech giant's data collection practices came under FTC scrutiny.
  • To settle with the FTC: To reach an agreement to resolve charges brought by the FTC, often involving a fine or changed business practices.
    • The company agreed to settle with the FTC for $5 million.
Noun
  1. an independent agency of the United States federal government that maintains fair and free competition; enforces federal antitrust laws; educates the public about identity theft

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